Gold prices saw a significant decline on the morning of April 15, 2025, dropping by Rs 350 after reaching record highs due to tariff concerns. In major cities like Delhi, 22-carat gold was priced at Rs 87,350 per 10 grams, while 24-carat gold stood at Rs 95,330 per 10 grams. Meanwhile, silver continued to struggle, trading below Rs 1 lakh per kilogram.
Gold Prices Across Major Cities
In Delhi, both 22-carat and 24-carat gold were priced at Rs 87,350 and Rs 95,330 per 10 grams, respectively. Similarly, gold rates in Jaipur mirrored those in the capital. Ahmedabad and Patna also saw consistent gold prices, with 22-carat gold priced at Rs 87,250 and 24-carat gold at Rs 95,230. In Mumbai, the prices were slightly lower, with 22-carat gold available at Rs 87,200 and 24-carat gold at Rs 95,180. Other cities like Hyderabad, Chennai, Bengaluru, and Kolkata reported similar gold prices, showing a trend across the country.
Silver Prices Weak Amid Fluctuations
The price of silver continued its weak performance, trading around Rs 99,800 per kilogram in Mumbai. Despite its traditional appeal, silver has not seen the same level of momentum as gold. The decline in its value is a part of a broader trend seen in the market, making it a less attractive investment compared to the yellow metal.
Gold prices in India are influenced by a combination of international market trends, import duties, taxes, and currency fluctuations. The country’s love for gold as both a cultural and financial asset means that changes in these factors are keenly felt across the nation. From weddings to investments, gold remains a cornerstone in Indian society, making it essential for investors and traders to keep an eye on daily price changes.
